What is a Private Money Loan?
Private money loans are funded by individual investors or private lending firms rather than conventional banks. They offer greater flexibility in underwriting, faster decision-making, and the ability to structure deals that traditional lenders won't touch.
ASB Capital's network of private capital sources allows us to fund residential, commercial, and mixed-use transactions with creative loan structures tailored to your deal — not a cookie-cutter bank template.
Program Highlights
- Flexible underwriting — common sense lending
- Residential and commercial properties
- Bridge, acquisition, and rehab scenarios
- Competitive rates from private capital sources
- Customized loan structures
- Nationwide — all 50 states
Who This Loan Is For
Borrowers whose deals don't fit bank templates — self-employed, non-QM, bank-statement, and creative structures for residential, commercial, and mixed-use properties. Private money prioritizes the deal's logic over rigid formulas.
Typical Requirements
- • Common-sense underwriting with flexible income docs
- • 65–75% LTV typical
- • Residential, commercial, and mixed-use accepted
- • Bank-statement and 1099 income options available
- • Nationwide — all 50 states (subject to underwriting)
Key Terms to Know
- Private Money Loan
- Financing funded by individual investors or private firms rather than banks, offering flexible underwriting and customized structures.
- Common-Sense Underwriting
- Evaluating a deal holistically — collateral, exit strategy, and borrower experience — rather than rigidly applying debt ratios.
- Non-QM Loan
- A Non-Qualified Mortgage that does not meet strict Qualified Mortgage rules, allowing flexible income and documentation.
- Bank Statement Loan
- Qualification based on 12–24 months of bank deposits instead of tax returns — useful for self-employed borrowers.
- 1099 Loan
- Income qualification using 1099 contractor earnings rather than W-2s, suited for freelance and gig workers.
See our FAQ and loan resources for more definitions and checklists.